Examining Niagara-On-The-Lake Real Estate

January 22, 2015

Niagara-On-The-Lake, Ontario is a historical town located on the southern shore of Lake Ontario north of Niagara Falls. The town is billed as Canada’s prettiest town, and evidently that is so as you travel on its wide and colorful streets, with flowers planted all along, you take in a sense of down home charm.

The city has great historical significance as the American Revolutionary War and the War of 1812 affected Canada as well as the United States. The town became a haven for pro-British loyalists who fled there after the Revolutionary war ended, and the town was razed by American forces during the war of 1812, only to be rebuilt soon thereafter.

Today, Niagara is a bustling prosperous town with a vibrant economy and a thriving tourist trade, with a population of 16,000 plus people.

The town experiences a growth rate of about 1% per year, as it seems to be a place where retired people tend to move. Actually, Niagara-on-the-Lake is a very well known retirement area, however there is an excellent mix of younger families who live in the community as well.

As far as real estate availability, there is something for everyone. Niagara-on-the-Lake real estate offers a wide variety of single family homes, condos on the waterfront, and more modest cottage types of homes located in the Chautauqua district which is a quaint area in the Old town.

When looking for real estate in the area, it is important for you to ask whether or not the property has municipal services, such as sewage, water, removal of snow and so forth. Not all properties are situated with such services and you should be aware going in if that is or is not so for a property.

The real estate market today is enhanced by the fact that nearly all properties are listed on the MLS system that is online. This service is very helpful to buyers in that they can research all of the property that is available, and many of the listings will show great detail in regard to the interior and details of the houses listed. It is not surprising, then, that most buyers already know quite a bit about a property before they actually see it in person.

If you have the opportunity to speak to residents who live in the area, you will usually get a glowing report on how congenial the citizenry is and what a pleasure it is to live in the town. When considering the purchase of Niagara On The Lake real estate for sale you will find that you are looking at a very settled area.